On September 14, UiPath rose 5.05% in regular trading, trading at $14.425/share, with turnover of $135 million. The rally was primarily driven by Citigroup's recent initiation of coverage with a Buy rating and a $23 price target, implying approximately 60% upside from current levels — the most bullish call among sell-side analysts.
Additionally, UiPath is scheduled to host an Investor Day on September 22 in Las Vegas, followed by its FUSION user conference. The market anticipates further disclosure on the company's AI monetization roadmap and growth strategy. This combination of a high-conviction analyst call and an imminent catalyst event has supported the stock's rebound from post-earnings lows.
UiPath reported fiscal Q2 revenue of $410.3 million, beating the $397.8 million consensus, and raised its FY27 revenue guidance to $1.789–$1.794 billion. Despite the beat, shares initially fell over 12% post-earnings as investors focused on ARR growth momentum and limited evidence of sustained re-acceleration. Multiple brokerages, including Truist and UBS, subsequently raised their price targets, and the stock has been recovering from the post-earnings trough.
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